701 Olive, Texarkana, TX 75501
Local realty services provided by:Better Homes and Gardens Real Estate Infinity
701 Olive,Texarkana, TX 75501
$315,000
- - Beds
- 4 Baths
- 3,508 sq. ft.
- Multi-family
- Active
Listed by:landon huffer
Office:realty fanatics group
MLS#:118501
Source:AR_TMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$89.79
About this home
Here’s your chance to own a proven income-producing property in the heart of Texarkana. This fourplex features two 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering flexible rental options for both short-term and long-term tenants. Currently operated as a successful short-term rental, this property is already set up to generate immediate cash flow. Texarkana is a growing hub for business, medical, and travel activity, drawing consistent demand from corporate travelers, healthcare professionals, and visitors passing through on I-30. With limited competition in the local STR market, this fourplex gives investors a unique advantage. Why invest in a short-term rental in Texarkana? Strong Rental Demand: Texarkana is a regional hub that attracts steady travel from both Texas and Arkansas sides of the city. Strategic Location: Quick access to downtown, hospitals, major highways, and local employers ensures high occupancy potential. Diversified Income Stream: With four separate units, you can maximize flexibility—rent all as STRs, operate as mid-term housing, or blend with traditional long-term tenants. Turnkey Opportunity: The property is already functioning as a furnished rental, giving investors the ability to step in and start earning from day one. Whether you’re looking to expand your STR portfolio or seeking a solid cash-flowing asset in an up-and-coming market, this fourplex is a rare opportunity to secure a property positioned for growth. Owner is currently averaging $6,750/month in revenue and utilities are averaging $950/month.
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Home facts
- Listing ID #:118501
- Added:35 day(s) ago
- Updated:September 04, 2025 at 01:40 PM
Rooms and interior
- Total bathrooms:4
- Living area:3,508 sq. ft.
Heating and cooling
- Cooling:Central Electric
- Heating:Central Electric
Structure and exterior
- Roof:Composition
- Building area:3,508 sq. ft.
Utilities
- Water:City Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$89.79
- Tax amount:$2
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